Dhaka, Bangladesh, Nov. 28 -- The volume of classified loans in the banking sector of Bangladesh increased further to hit an all-time high at BDT 1.16 trillion in September despite of taking different measures by the central bank.

The volume of non-performing loans (NPLs) jumped by nearly 24 per cent to BDT 1,162.88 billion as of September 30 from BDT 939.11 billion on December 2018, according to the latest statistics of the Bangladesh Bank (BB).

The amount of NPLs increased during the July-September period of 2019 as the regulator encouraged the practice of loan default through relaxation of its policies, according to Khondkar Ibrahim Khaled, former deputy governor of the BB.

The senior banker also said the volume of default loans wou...